Home Cognac-world Contact
News About the cognac Cooking Cognac crafts The shops online Forum Newsletter
Search :
The news

Report on duty-free
9 février 1999
On 17 February the European Commission is to present a report on the impact of the abolition of duty-free. Moreover, on a national level, the head of Onivins paid a visit to Cognac on Tuesday.

296 % increase in white wines in the Charente area
9 février 1999
As a result of the crisis, the area of vines given over to the production of "vin de pays" (local wines) has doubled in the last year to 1,600 hectares in the cognac geographical area and the volume of wine declared as "vin de pays" has risen by 296 %. This trend is set to continue, notably with the creation of a commission to oversee diversification which anticipates the reconversion of 1,000 hectares.

Spirits trafficking in the two Charente departments
9 février 1999
30 people have been interviewed and 4 people have been arrested in the breaking up of a spirits trafficking ring in the two departments of the Charente and Charente-Maritime which had been operating for several years.

Hardy : recovery plan
2 février 1999
The commercial court in Cognac has opted for a recovery plan with a six month observation period in the case of the Hardy cognac company (30 employees and a turnover of 60 million francs) which had filed for bankruptcy a week before. The choice of this procedure shows that no takeover solution was ready, contrary to the hopes of company executives.

Duty free
2 février 1999
In the light of the determination of the Commission to abolish duty free sales within the European Union on 1 July 1999, France has given up the idea of requesting the deferment of VAT but suggests that excise duty be phased in gradually in order to limit the consequences for employment.

Hardy : 1st trading bankruptcy
26 janvier 1999
Hardy & Co has filed for bankruptcy. The commercial court in Cognac will have to rule on its future at the end of January. Company executives are looking for a takeover solution which would save all or part of the 32 jobs. The company is a victim of the collapse of sales in the Far East and in Russia, two markets which represent 30 % of its turnover (60 million francs). Two companies, one already in the spirits market but not in the area, and one from outside this business, are interested in a takeover.

Cognac Tiffon : stormy times
26 janvier 1999
Family disagreements, added to a drop in sales, have placed the Tiffon trading house (turnover of 51 million francs, 23 employees) in a delicate situation. Robert Bradstaad, the new president of the board of directors, has replaced the chief executive officer with a director of operations. Turnover has fallen from 83 million francs in 1997 to 51 million last year. Even so the trading result is positive at 1 million francs.

Pure White
26 janvier 1999
The launch by Hennessy of "Pure White" in Cognac this weekend following similar launches in several other large European cities is raising skepticism.

D. Quentin defends pineau
26 janvier 1999
Didier Quentin, a member of Parliament for Charente-Maritime, has raised once again the question of indirect taxes on pineau (four times higher than on fortified wines) during question in the Assembly. The government turned down his request but has indicated that the regional tax director is to undertake a study.

Ideas for new cognac
26 janvier 1999
Francis Gay-Belile, the former director of the viticulture research station, has said that he is opposed to efforts to compete with whiskies costing 60 francs, but has suggested novel ideas for a lighter form of cognac obtained, for example, by the use of column distillation which is less expensive.

1 - 10 - 20 - 30 - 40 - 50 - 60 - 70 - 80 - 90 - 100 - 110 - 120 - 130 - 140 - 150 - 160 - 170 - 180 - 190 - 200 - 210 - 220 - 230 - 240 - 250 - 260 - 270 - 280 - 290 - 300 - 310 - 320 - 330 - 340 - 350 - 360 - 370 - 380 - 390 - 400 - 410 - 420 - 430 - 440 - 450 - 460 - 470 - 480 - 490 - 500 - 510 - 520 - 530 - 540 - 550 - 560 - 570 - 580 - 590 - 600 - 610 - 620 - 630 - 640 - 650 - 660 - 670 - 680 - 690 - 700 - 710 - 720 - 730 - 740 - 750 - 760 - 770 - 780 - 790 - 800 - 810 - 820 - 830 - 840 - 850 - 860 - 870 - 880 - 890 - 900 - 910 - 920 - 930 - 940 - 950 - 960 - 970 - 980 - 990 - 1000 - 1010 - 1020 - 1030 - 1040 - 1050 - 1060 - 1070 - 1080 - 1090 - 1100 - 1110 - 1120 - 1130 - 1140 - 1150 - 1160 - 1170 - 1180 - 1190 - 1200 - 1210 - 1220 - 1230 - 1240 - 1250 - 1260 - 1270 - 1280 - 1290 - 1300 - 1310 - 1320 - 1330 - 1340 - 1350 - 1360 - 1370 - 1380 - 1390 - 1400 - 1410 - 1420 - 1430 - 1440 - 1450 - 1460 - 1470 - 1480 - 1490 - 1500 - 1510 - 1520 - 1530 - 1540 - 1550 - 1560 - 1570 - 1580 - 1590 - 1600 - 1610 - 1620 - 1630 - 1640 - 1650 - 1660 - 1670 - 1680 - 1690 - 1700 - 1710 - 1720 - 1730 - 1740 - 1750 - 1760 - 1770 - 1780 - 1790 - 1800 - 1810 - 1820 - 1830 - 1840 - 1850 - 1860 - 1870 - 1880 - 1890 - 1900 - 1910 - 1920 - 1930 - 1940 - 1950 - 1960 - 1970 - 1980 - 1990 - 2000 - 2010 - 2020 - 2030 - 2040 - 2050 - 2060 - 2070 - 2080 - 2090 - 2100 - 2110 - 2120 - 2130 - 2140 - 2150 - 2160 - 2170 - 2180 - 2190 - 2200 - 2210